Specialty retailer Gap Inc. signed a deal to use the Oracle E-Business Suite
to enhance business operations via the Internet at its Gap, Banana Republic
and Old Navy divisions.
San Francisco-based Gap Inc. has licensed
Oracle Financials and Purchasing, Oracle iProcurement, Oracle Product
Development Exchange and several other modules of the suite, which also
offers apps for customer relationship management, business-to-business,
projects, human resources and business intelligence functions.
Oracle’s E-Business Suite is a set of business applications that runs entirely on the
Internet and are marketed on an ASP basis. There’s also a Small Business
Suite for smaller companies.
“We believe that Oracle’s integrated software suite provides tools that will
help us simplify our operations without the cost and resources associated
with customization,” said Ken Harris, CIO of Gap Inc.
The company said its goal is to simplify operations and reduce costs across
its core business functions. Processes such as expenses and indirect
purchasing will be conducted online, using Oracle’s technology for sharing
information automatically across all of the Oracle software modules. This
will allow Gap to eliminate manual data re-entry and improve information
integrity.
Gap Inc. was founded in 1969 by Donald and Doris Fisher with a single store
and a handful of employees. Today, Gap Inc. is an international company with
more than 166,000 employees and more than $11 billion in annual revenues.
